Albertsons Ends Merger Deal, Sues Kroger. Grocers Blame Each Other for Failed Deal.
Albertsons said Kroger has failed to make best efforts to secure regulatory approval of the deal, a claim the latter called “baseless.” Read More Yahoo!…
Albertsons Says It Is Terminating Merger Agreement With Kroger
Albertsons also filed a lawsuit saying the rival grocery company failed to exercise its best efforts to win regulatory approval for the $20 billion deal.…
Update: Albertsons Sues Kroger for Alleged Breach of Merger Agreement
(Adds details in the third to sixth paragraphs.) Albertsons (ACI) said Wednesday it terminated it Read More Yahoo! Finance: ACI News
Albertsons sues Kroger over failed merger
Albertsons has terminated the merger agreement, alleging Kroger did not offer an adequate divestiture package and repeatedly ignored regulators’ concerns. Read More Yahoo! Finance: ACI…
Biggest stock movers Wednesday: PDCO, GME, GEV, and more
Post Content Read More M, PLAY, GME, KR, PDCO, SFIX, ACI, GEV ACI - News and Analysis from Seeking Alpha
After court loss, Albertsons backs out of merger with Kroger, sues grocery chain
Albertsons says it is giving up on joining forces with Kroger and has filed a lawsuit, accusing the chain of failing to do enough to…
Albertsons demands billions from rival Kroger after terminating merger bid
The formal termination ends a two-year long effort by the chains to combine that regulators argued would lead to higher prices for shoppers. Albertsons said…
Albertsons Files Lawsuit Against Kroger for Breach of Merger Agreement
BOISE, Idaho, December 11, 2024--Albertsons Companies, Inc. (NYSE: ACI) ("Albertsons") today filed a lawsuit against The Kroger Co. (NYSE: KR) ("Kroger") in the Delaware Court…
Inflation rose in November, GameStop reports Q3 profit: Yahoo Finance
Wall Street is closely watching the November Consumer Price Index (CPI) report, which showed prices rose in line with economists' expectations. It is one of…
Albertsons Terminates Merger Agreement
BOISE, Idaho, December 11, 2024--Albertsons Companies, Inc. (NYSE: ACI) (the "Company") today announced it has exercised its right to terminate its merger agreement with Kroger…
Albertsons scraps merger with Kroger and accuses it of failing to overcome government objections to the deal
Albertsons scraps merger with Kroger and accuses it of failing to overcome government objections to the deal. Read More Yahoo! Finance: ACI News
Albertsons Sues Kroger for Breach of Contract in Failed Deal
(Bloomberg) -- Albertsons Cos. said it filed a lawsuit against Kroger Co., claiming it failed to exercise “best efforts” and take “any and all actions”…
Albertsons ends merger with Kroger after court blocks
Albertsons Companies (NYSE:ACI) announced today that it has terminated its merger agreement with Kroger Company (NYSE:KR) following injunctions from both the U.S. District Court in…
Albertsons gives up on Kroger merger and sues the grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain,…
Albertson’s terminates merger, sues Kroger for breach of agreement
Post Content Read More KR, ACI ACI - News and Analysis from Seeking Alpha
Hess Recognized for Sustainability Performance
NEW YORK, December 11, 2024--Hess Recognized for Sustainability Performance Read More Yahoo! Finance: HES News
Kroger weighing “options” after US courts block $25bn merger with Albertsons
The ruling temporarily halts the merger, allowing the FTC to conduct administrative proceedings that will decide its final outcome. Read More Yahoo! Finance: ACI News
Kroger, Albertsons could turn to ad business as deal termination looms, analysts say
After a federal court blocked the $25 billion Kroger-Albertsons merger, the two supermarket rivals could turn to fast-growing and profitable advertising ventures to tackle competition…
Trump FTC Pick Boosts M&A Hopes. Why Markets Should Expect Big Tech Barriers and 5 Other Things to Know Today.
Federal judge blocks Kroger-Albertsons deal, Micron Technology awarded funding for chips factories, and more news to know today. Read More Yahoo! Finance: ACI News
Kroger weighing “options” after US courts block $25bn merger with Albertsons
The ruling temporarily halts the merger, allowing the FTC to conduct administrative proceedings that will decide its final outcome. Read More Yahoo! Finance: ACI News
Rithm Capital’s Updated Sector Comparative Analysis – Part 1 (Includes Recommendation For 19 Peers As Of 12/6/2024)
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US district court judge blocks $24.6bn Kroger-Albertsons merger
The judge granted a preliminary injunction to block the merger after a three-week hearing in Portland, Oregon. Read More Yahoo! Finance: ACI News
AP Top Extended Financial Headlines at 2:23 a.m. EST
The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal Read…
AP Top Financial News at 2:23 a.m. EST
Proposed merger of supermarket giants Kroger and Albertsons is halted by federal, state judges Read More Yahoo! Finance: ACI News
Trump Aims to Remake Federal Trade Commission With Two Picks
The president-elect says he will elevate Andrew Ferguson to succeed Lina Khan as chair and nominate Mark Meador as a commissioner. Read More Yahoo! Finance:…
Federal judge blocks largest supermarket merger in history
A federal judge in Oregon blocked Kroger’s proposed $25 billion tie-up with Albertsons, ruling that the largest merger in US supermarket history would limit competition…
Federal judge blocks Kroger’s $25B acquisition of Albertsons
A federal judge issued a ruling that blocks the proposed $25 billion merger between Albertsons and Kroger, which critics argued would reduce competition in the…
Update: Kroger Acquisition of Albertsons Blocked by Federal Judge
(Updates with further details from court document throughout, Albertsons comments, attempt to reach Read More Yahoo! Finance: ACI News
Kroger-Albertsons Merger Blocked by Court, Handing Victory to Biden Antitrust Enforcers
The ruling hands a victory to Biden antitrust enforcers, who said the $20 billion supermarket merger would erode competition and raise prices for consumers. Read…
Kroger-Albertsons merger dealt another blow in Washington
A state judge on Tuesday granted an injunction blocking the grocers’ combination. Read More Yahoo! Finance: ACI News
